The President constitutes the 11th National Finance Commission of Pakistan, and chaired by the federal finance minister, the NFC will include provincial finance ministers and experts to recommend revenue distribution and fiscal powers. The President of Pakistan has constituted the 11th National Finance Commission (NFC) under Article 160 of the …
Read More »NEPRA FCA hearing set for August 28
Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing on the Fuel Charges Adjustment (FCA) for July 2025 on August 28 in Islamabad. The decision follows a request by the Central Power Purchasing Agency Guarantee Limited (CPPA-G), which has recommended a reduction in electricity …
Read More »Pakistan sets 30% electric vehicle sales target by 2030
BeNewz Report ISLAMABAD: The government has set ambitious goals under the New Energy Vehicle Policy 2025-30, targeting a 30 percent increase in electric vehicle (EV) sales by 2030 to promote environmentally friendly transport. As part of the policy, three to four charging stations will be established across the country, with …
Read More »Illegal spectrum use by Zong causes Rs18bn loss
BeNewz Report ISLAMABAD: China Mobile Pakistan’s prolonged unauthorized use of additional radio spectrum after expiry of its 2G license has cost the exchequer Rs18 billion. The audit report revealed that M/s China Mobile Pakistan Ltd, operating as Zong, continued using temporary additional compensatory spectrum after the expiry of its 2G …
Read More »Panel seeks PTA briefing over alleged Rs 6.58bn overbilling by Jazz
BeNewz Report ISLAMABAD: Pakistan’s leading telecom operator, Jazz, has come under scrutiny after a recent audit report accused the company of overcharging its subscribers by an alarming Rs 6.58 billion. The Senate Standing Committee on Information Technology and Telecommunication has taken notice of the matter and summoned the Chairman of …
Read More »Power crisis deepens in Karachi after rains, FIR registered against KE CEO
BeNewz Report KARACHI: Karachi continues to face a worsening power crisis following Tuesday’s heavy rainfall, with several neighborhoods still without electricity after two days of prolonged outages. Residents of North Nazimabad Block A, Gulistan-e-Jauhar Block 9, Nanak Wara, Yousuf Goth, and Ramswami remain deprived of power. Other affected areas include …
Read More »Jazz overcharged subscribers Rs6.58bn in FY24
Aftab Maken Audit report reveals Pakistan’s largest telecom operator violated approved tariffs, with PTA faulted for regulatory lapses that left millions of consumers overbilled. Pakistan’s leading telecom operator, Jazz, overcharged its subscribers by Rs6.58 billion during the fiscal year 2023-24 in clear violation of approved tariffs, according to an official …
Read More »ECC approves over Rs 11Bn for relief, digital payments
BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, convened on Tuesday to approve significant financial allocations and key policy proposals aimed at bolstering various sectors of the economy. The committee approved over Rs 11 billion in grants, including a relief …
Read More »CCP’s decision against LDI operators upheld
BeNewz Report ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Pakistan Telecommunication Company Limited (PTCL) and other Long Distance International (LDI) operators for entering into an anti-competitive International Clearing House (ICH) agreement. The tribunal directed the companies to deposit the fine within …
Read More »OGDCL’s Gas Project: A New Dawn for Jhal Magsi
BeNewz Report ISLAMABAD: In the rugged, remote landscapes of Balochistan, a transformation is underway. What began as a strategic national energy project has blossomed into a story of community uplift and renewed hope, said an official release of the OGDCL. In a direct response to Prime Minister Muhammad Shehbaz Sharif’s …
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